Indian firms may explore Israel’s Mediterranean gas and oil fields

Prime Ministers Binyamin Netanyahu and Narenda Modi Monday signed a thick batch of Israeli-Indian economic and security accords, including initial Israeli permission for Indian companies to carry out oil and gas exploration in Israel’s Mediterranean waters. Modi urged Israel to manufacture more in India, indicating that no agreement had yet been reached for unlocking the $500m deal for the purchase of anti-tank missiles from Israel’s Rafael, which India suspended last month. The two leaders agreed to work on the free trade pact sought by Israel. Israel is already one of India’s three leading arms suppliers. Now, the two prime ministers also signed a cooperation agreement on cyber security. The Israeli film industry will gain a foothold in Bollywood and vice versa, according to another accord they signed.

Print Friendly, PDF & Email

4 thoughts on “Indian firms may explore Israel’s Mediterranean gas and oil fields

  • Jan 15, 2018 @ 20:52 at 20:52

    “Israeli film industry will gain foothold in Indias bollywood.”
    Rafael produced a nice bollywood commercial.
    Watch it carefully read body language and listen to the words.
    What is promised here?
    What is the message?

    Sweet ….

  • Jan 15, 2018 @ 20:55 at 20:55

    india: i believe in you
    Israeli: you belive in me


  • Jan 16, 2018 @ 19:47 at 19:47

    This will benefit both Countries and will be a middle finger in the face of Pakistan and Bangladesh…Two Shiitehole Countries.


Leave a Reply

Comments containing incitement, libel or offensive language are barred under DEBKAfile’s regulations

Your email address will not be published. Required fields are marked *